storms News
Q3 2018 Cat Losses Likely to Hit Above the Norm: Morgan Stanley
The 2018 third quarter was relatively benign compared to the record catastrophe losses incurred by carriers last year. But hurricanes, wildfires, typhoons and more could still leave industry losses ...
African Dust Leads to Atlantic Storm Lull
What can give you itchy eyes, replenish the rain forest and bring a hurricane to its knees? Dry and dusty African air. The coffee-colored atmospheric swirl, captured by satellites last week, blew ...
After Historic Storms, Insurers May Not Be Able to Price Their Way Back
The worst hurricane season in modern U.S. history is starting to look like a blip on the charts of insurance stocks, with investors banking on a quick restoration of capital as firms rediscover ...
Bulk of July Natural Disasters Slam Asia; Damage Tally Surpasses $10B
The vast majority of global natural disasters during July were the result of severe flooding across the Asian region, bringing more than $10 billion in economic damages, according to a report ...
Earthquakes, Storms Make H1 Insured Losses Soar: Munich Re
Economic losses caused by natural catastrophes in the first half of 2016 totaled US$70 billion, a significant increase from the $59 billion reported for the first half of last year, according to a ...
U.S. Tornadoes Hit Seven-Year February High: Aon Report
Losses from severe storms and tornadoes that struck much of the U.S. in February could amount to more than $1 billion, including hundreds of millions of dollars of damages that will probably be ...
2015 Atlantic Hurricane Season Below Average But Deadly
The 2015 Atlantic hurricane season may end up being remembered for a subpar number of storms, even though the total still beat early forecasts and more than 50 people died. The season, which also ...
Why Pacific Typhoons and Other Tropical Storms Are Surging
The Pacific Ocean, named for placidity, is roaring. In the past week, eight tropical systems -- and that includes two major typhoons -- have formed across the Pacific from China to Mexico. On top of ...